AWM Capital LLC Has $841,000 Stake in NVIDIA Corporation $NVDA

AWM Capital LLC decreased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 5.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,763 shares of the computer hardware maker’s stock after selling 405 shares during the quarter. AWM Capital LLC’s holdings in NVIDIA were worth $841,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Kathleen S. Wright Associates Inc. lifted its stake in NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after acquiring an additional 254 shares during the last quarter. Copia Wealth Management bought a new position in NVIDIA during the fourth quarter worth about $50,000. Barnes Dennig Private Wealth Management LLC bought a new position in NVIDIA during the first quarter worth about $51,000. Bruce G. Allen Investments LLC increased its position in NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after acquiring an additional 327 shares during the period. Finally, LSV Asset Management bought a new position in NVIDIA in the 4th quarter valued at about $54,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Stock Down 0.1%

Shares of NASDAQ NVDA opened at $181.60 on Thursday. The company has a market capitalization of $4.43 trillion, a P/E ratio of 58.58, a price-to-earnings-growth ratio of 1.59 and a beta of 2.14. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.48. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.96 and a current ratio of 3.39. The company’s 50 day moving average price is $169.53 and its 200-day moving average price is $138.41.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.06). The firm had revenue of $44.06 billion during the quarter, compared to analyst estimates of $43.09 billion. NVIDIA had a return on equity of 105.09% and a net margin of 51.69%.The firm’s revenue for the quarter was up 69.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.61 EPS. Equities analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is currently 1.29%.

Insider Activity

In other news, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total value of $11,440,500.00. Following the transaction, the chief executive officer owned 75,548,225 shares in the company, valued at approximately $11,524,126,241.50. The trade was a 0.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Tench Coxe sold 1,000,000 shares of the business’s stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $142.80, for a total transaction of $142,800,000.00. Following the completion of the transaction, the director owned 26,671,360 shares in the company, valued at $3,808,670,208. This trade represents a 3.61% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 5,912,440 shares of company stock worth $902,886,782 over the last quarter. Company insiders own 4.17% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on NVDA shares. Wedbush raised their target price on shares of NVIDIA from $175.00 to $210.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. TD Cowen raised their target price on shares of NVIDIA from $140.00 to $235.00 and gave the company a “buy” rating in a report on Tuesday, August 19th. BNP Paribas raised shares of NVIDIA to a “hold” rating in a report on Friday, August 1st. Stifel Nicolaus raised their target price on shares of NVIDIA from $202.00 to $212.00 and gave the company a “buy” rating in a report on Monday. Finally, Seaport Res Ptn raised shares of NVIDIA to a “strong sell” rating in a report on Wednesday, April 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $194.31.

NVIDIA Profile

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.